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Impossible Foods CFO David Lee to step down, join AppHarvest

By Reuters Staff
1 Min Read
FILE PHOTO: Impossible Foods plant-based beef products are seen inside a refrigerator at the meat section of a chain supermarket in Hong Kong, China, October 20, 2020. REUTERS/Lam Yik
(Reuters) - Plant-based burger maker Impossible Foods said on Thursday Chief Financial Officer David Lee would step down after five years at the position to take a new role as president at indoor farm builder AppHarvest.
Lee is departing Impossible on Jan. 22 to join AppHarvest, which is set to go public in a merger with special purpose acquisition company Novus Capital Corp.
AppHarvest’s board members include TV personality Martha Stewart and investor Jeff Ubben.

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Indoor farming startup AppHarvest hires Impossible Foods CFO as president

Indoor farming startup AppHarvest hires Impossible Foods CFO as president
Ag tech and indoor farming company AppHarvest has appointed Impossible Foods CFO David Lee as president to lead its strategy, sales, marketing and finance, and operations management functions.
Lee - who has been a member of the board at
AppHarvest since August 2020 - will leave Impossible Foods, where he has served as chief financial officer since 2015, on January 22. Impossible Foods’ VP and chief accounting officer David Borecky will become interim CFO.
During his tenure at Impossible Foods, Lee helped secure more than $1.3bn in funding to accelerate the company's manufacturing, product development, and national and international distribution into retail, restaurant, and hospitality channels.

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